Tag: farm income
Farm incomes could take a dive in 2024: USDA report
A drop of nearly $40 billion, or 25.5%, in net farm income was predicted in the 2024 Farm Sector Income Forecast, driven largely by climbing production costs and declining crop prices.
Farm Science Review: Farm incomes strong; inflation, inputs are challenges
Global uncertainty is continuing to affect farmers across the U.S. Inputs and commodity crop prices are still high. Farm incomes for 2022 look strong so far, but there are still many unknowns about 2023.
USDA: Net farm income for 2022 will rise $7.3 billion
According to estimates released by the U. S. Department of Agriculture Sept. 1, net farm income for 2022 will rise $7.3 billion to hit $147.7 billion.
Check your reproductive program for profit
One measure of profitability is net income per cow, with competitive farms above $1,300 per cow. Learn how to improve reproductive efficiency on your farm.
How should farm business income be divided?
Asset ownership, hours worked and management responsibilities vary across managers, operators and owners of the farm. Learn to divide farm income, fairly.
How to buy time to catch up on farm debt
Need time to catch up with your debt? Learn more about these seven ways farmers can manage their financial liabilities.
6 tips to manage income on the farm
Learn more about practical ways you can manage your income and cash flow.
USDA reports 2016 farm profits
SALEM, Ohio — The USDA Economic Research Service released reports Nov. 30 forecasting what most farmers already know — the U.S. 2016 net farm...
Say thanks to a farmer today
At a time when support seems to be high for farmers, that support simply doesn't translate into higher prices for farmers, writes Editor Susan Crowell. We can feed the world, but we just can't make ends meet down on the farm.
Farm tax liability a double whammy this year
Normal cash expenses can't be deducted until they are actually paid. Learn more about income tax planning for your farm.
